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EUR/GBP Fundamental Analysis May 23, 2012, Forecast

posted by Avatar FXEmpire 4 days ago in EUR, GBP, Fundamental made popular 3 days ago

Analysis and Recommendations:
The EUR/GBP opened trading at 0.8094 and declined to 0.8072 as the euro continued to fall against most of its partners.

There was little in the way of eco data from Europe and some disappointing numbers in the U read more
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EUR/CHF Fundamental Analysis May 23, 2012, Forecast

posted by Avatar FXEmpire 4 days ago in EUR, CHF, Fundamental made popular 3 days ago

Analysis and Recommendations:
The EUR/CHF remains deadlocked at 1.2010. As markets continue in risk aversion mode, the euro continues to decline against most of its partners, but the SNB floor at 1.20 keeps the pair locked in the same small trad read more
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crude oil futures prices down may 23 2012

posted by Avatar stockmarket 4 days ago in Fundamental, Daily, Oil made popular 4 days ago

crude oil futures prices down may 23 2012 : Oil prices edged lower in Asian trade Wednesday, amid hopes of easing tensions between major producer Iran and the West read more
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AUD/USD Reaches This Year’s Low

posted by Avatar commodityblog 4 days ago in USD, AUD, Fundamental made popular 4 days ago

The Australian dollar continued its tumble today, reaching the lowest level this year against the US dollar, as adverse market sentiment and the interest rate cut earlier this month are still driving forces that push the currency down. read more
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China's Wanda To Buy Biggest US Theater Operator AMC For 2.6 Billion Dollars

posted by Avatar William 4 days ago in USD, CAD, AUD made popular 4 days ago

"With all the different offerings you have at home, whether it is on-demand, netflicks there is a growing reluctance by the consumer to go out and pay 12 or 15 dollars to see a movie. Theaters need to do everything they can to keep them coming. read more
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What Will the G8 Do About Greece?

posted by Avatar EJSuratos 4 days ago in EUR, Special

Were the G8 leaders able to form concrete solutions last weekend, or was the meeting just an opportunity to watch the UEFA Champions League final together? Here's what we can take away from the latest G8 meeting. read more
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India faces mass default and restructuring as devaluation looms

posted by Avatar goldmint 4 days ago in all made popular 4 days ago

India's mounting economic and political woes are prompting market players to raise the specter of a Greek-style crisis in Asia's third largest economy. This is not simply idle speculation. read more
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Canadian Dollar Strengthens Against Majors

posted by Avatar insensitive 4 days ago in USD, EUR, JPY, CAD, Commodities made popular 4 days ago

The Canadian dollar edged higher ahead of the North American session on Tuesday as crude oil prices trimmed their initial losses. Resource-linked assets were particularly higher on hopes that China will take more measures to prevent a rapid ... read more
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Is China about to Launch More Stimulus?

posted by Avatar eToro 4 days ago in AUD, Fundamental, Daily made popular 4 days ago

By nearly any accounting, the Chinese government’s efforts to cool off its super-heated economy was a well-engineered success, but many critics worry that it was perhaps too successful. According to the International Monetary Fund, China’s slowdo read more
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GBP/USD Makes Slim Recovery Attempts

posted by Avatar dotcom 4 days ago in USD, EUR, GBP, CAD, AUD made popular 4 days ago

On Monday Pound/Dollar traded within 60 pip range. The Cable appreciated from 1.5778 to 1.5842 yesterday, in converse with the negative money flow sentiment at nearly -14%, closing the day at 1.5832. Today the British Pound pushed slightly further up, ... read more
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USD/JPY Forecast May 22, 2012, Technical Analysis

posted by Avatar FXEmpire 5 days ago in USD, JPY, Technical made popular 5 days ago

The USD/JPY pair rose during the Monday session as the 61.8 Fibonacci level offered support. The 79 handle is also there, and this was probably part of the reason as well. The market had been sold off massively during a couple of sessions last we read more
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EUR/GBP Forecast May 22, 2012, Technical Analysis

posted by Avatar FXEmpire 5 days ago in EUR, GBP, Technical made popular 5 days ago

The EUR/GBP pair rose during the session on Monday as the Euro got a nice bounce against many of the other currencies around the globe. The 0.81 level is a larger resistance level, and as a result we aren’t ready to buy this market yet. A daily c read more